In response to the COVID-19 outbreak the federal government has passed at $2.2 trillion stimulus package that is designed to flood the U.S. economy with money in an effort to stabilize households and businesses amid the outbreak. Given the coverage this bill has received, we felt it might be helpful to breakdown the different aspects of the bill so that you can take advantage of all the benefits you may be entitled to.
Perhaps no single provision in the CARES Act has received more interest from business owners than the Paycheck Protection Program, a partially forgivable loan program offered through the SBA.
We won't pretend that a downslope isn't coming, or that it hasn't already started. But, what we can do is give advice on how to try and survive it and what things you can start to think of right now better prepare.
Yes - it was hard to watch the value your 401k amassed over the last decade plummet. But now is the time to stay the course, keep your emotions in check and remember that the best market days usually follow the absolute worst. [Read More]
Monday, March 16, 2020, ended up being the second worst day in the 124 year history of the markets, based on the percentage decreases of around 10-12%. The worst day in stock market history was October 19, 1987 where the market dropped by over 22% in one day. While yesterday was a very small loss compared to that disturbing day in 1987, it was still a day that most of us will remember for a very long time.
You might be wondering...what do olives and Social Security have in common? Well, like all the great civilizations before us, we understand the importance of taking care of each other as we age and securing our own economic stability. [Read More...]
